Skip to main content

About your Search

Search Results 0 to 1 of about 2
negotiations, etc. and pbs has a new document documentary front line called "cliff-hanger," and they cover this. michael kirk, who wrote produced and directed "cliff-hanger." michael, when we talk about the fiscal cliff negotiations, what did we learn from those in regards to how president obama will handle negotiations in his second term? >> well, the first go around back in the summer of 2011 he and john boehner went behind closed doors met in secret, cooked up what became known as the grand bargain. he had given entitlement cuts, boehner would find $800 million in revenue and that worked well until joe biden maybe accidentlily told eric cantor the number two republican and the bile rival with boehner that they were holding negotiations, and he didn't like that. they pushed everything down at the election creating at the time the fiscal cliff which was as one person in our film called a suicide event strapped on to the economy and waiting to be detonated. after the election obama sits down with boehner. they wait until the middle of december because obama has been slow walking boehner's propo
standard. here's the thing. pbs front line explained why there is that difference. the u.s. government is becoming more open about that, it says that the top prosecutor at the justice department said we have to be concerned with the economic impact of prosecuting big financial ins fashions. tostags institutions. prosecutors should be in the business of enforcing the law not in the way saying if you're a big dog, we're not going to go after you because we're worried about the prosecutors. cenk: "the new york times" said the prosecutors might dip their toe in the water in the subsidiary, but not the parent company, because god forbid, if you do something to the parent company, that might endanger in the economy. they're saying you get a get out of jail free card. elizabeth warren wrote he about this. i wanted to give a quote from one of the executives at these financial companies and they be have you talk about what it means. he says perhaps someone ought to remind the senator the campaign is over, and she should act accordingly if she wants to be taken seriously. decipher that for me. >
Search Results 0 to 1 of about 2